Find info or add new info to your ITmodelbook. You can find white papers, technology reports, business analysis, webinars, presentations and more. You can also share your own authored content and resources you like by adding this info.

In the world of accounting, the savings potential of improved fixed asset management is often overlooked, yet sound fixed asset management can yield substantial tax savings in depreciation deductions.

The goal of this paper is to help you learn about best practices for fixed asset management and suggests tips for implementing them in your organization. These best practices will help you to seek out potential savings in your fixed asset base and show you how to save time in the process. The suggestions will guide you in how to:

Establish an accurate baseline of fixed assets

Select the right tool for the job

Rely on accurate depreciation calculations

Stay up to date with legislative changes

Produce targeted financial reports

Get trained on the system you employ

Add modules or services when appropriate

In the final section, you will be introduced to the Sage line of Sage FAS Fixed Asset solutions and learn how these fixed asset management tools can build the foundation of your future best practices.